Month: March 2026
Bill Ackman’s Pershing Square files for IPO on the NYSE
Bill Ackman, CEO of Pershing Square Capital Management, speaking on CNBC’s Squawk Box on Oct. 21st, 2025. CNBC Outspoken investor Bill Ackman is taking a step toward his long-held ambition of building a publicly traded investment vehicle modeled on Warren Buffett’s approach, filing to list his hedge fund firm Pershing Square Capital Management on the […]
Read More
Iran war: Hegseth says Tuesday ‘will be our most intense day of strikes’
US Defense Secretary Pete Hegseth speaks during a press conference on US military action in Iran, at the Pentagon in Washington, DC, on March 2, 2026. Brendan Smialowski | Afp | Getty Images Defense Secretary Pete Hegseth on Tuesday said, “Today will be, yet again, our most intense day of strikes inside Iran.” “Iran stands […]
Read More
Trump’s war predictions, Pershing Square files for IPO, Anthropic’s lawsuit and more in Morning Squawk
1. The magic words US President Donald Trump speaks during a press conference at Trump National Doral in Miami, Florida, on March 9, 2026. Saul Loeb | AFP | Getty Images Wall Street witnessed a stunning midday recovery yesterday after President Donald Trump indicated the U.S.-Iran war could be over soon. Trump told a CBS […]
Read More
Trump reiterates threat of a ‘friendly takeover’ of Cuba as fuel crisis deepens
A pedicab drives past a traffic light that is out due to a power cut in Havana on March 4, 2026. Yamil Lage | Afp | Getty Images U.S. President Donald Trump renewed his threat of a “friendly takeover” of Cuba, saying the communist-run Caribbean island is in “deep trouble.” His latest comments come less […]
Read More
Surging oil prices could wipe out benefits from Trump’s ‘big beautiful bill’
Key Points Raymond James estimates that what consumers pay in higher gas prices could total exactly what they’re set to gain with the tax changes under President Donald Trump’s “big beautiful bill.” The stimulus was expected to boost both the U.S. economy and markets in 2026. While consumers may not get as much of a […]
Read More
Stocks making the biggest moves premarket: Kohl’s, Casey’s General Stores, Vertex Pharmaceuticals and more
Check out the companies making headlines before the bell: Kohl’s — Shares tumbled 9% after the retailer posted disappointing fourth-quarter revenue of $4.97 billion, below the LSEG consensus of $5.03 billion. On the other hand, fourth quarter earnings of $1.07 per share exceeded the expected 85 cents per share. Casey’s General Stores — The convenience […]
Read More
As Iran war disrupts oil prices, consumers could be ‘hammered,’ economist says
In February, Americans were feeling pretty good about their financial standing. But that was before the Iran war, which is threatening to upend household budgets. A New York Federal Reserve survey released Monday found that consumers expected inflation to be lower in the year ahead, and households, overall, said they were better off than a year ago. The New York […]
Read More
Olaplex stock has plunged since its IPO. Here’s how the hair care brand is trying to turn itself around
When prestige hair care brand Olaplex first debuted on the Nasdaq in late 2021, it surpassed pricing predictions and gained momentum fast. The company opened at $25 per share, an increase from its initial public offering pricing estimates. It was part of a broader group of retailers that went public that year amid an IPO […]
Read More
Olaplex stock has plunged since its IPO. Here’s how the hair care brand is trying to turn itself around
When prestige hair care brand Olaplex first debuted on the Nasdaq in late 2021, it surpassed pricing predictions and gained momentum fast. The company opened at $25 per share, an increase from its initial public offering pricing estimates. It was part of a broader group of retailers that went public that year amid an IPO […]
Read More
Iran defends strikes on Gulf neighbors. They say a ‘huge trust gap’ will last for decades
Foreign workers look at a tall plume of black smoke ascends following an explosion in the Fujairah industrial zone on March 3, 2026. Fadel Senna | Afp | Getty Images Iran has defended its strikes against its Gulf neighbors, telling CNBC that U.S. military assets located in surrounding territories were “legitimate” targets in its fight […]
Read More